EWFHendra
Break above $1300 in Gold Forms Elliott Wave Impulse
Last Friday Gold managed to break above $1300. The yellow metal has therefore broken above 8 year bearish channel in a weekly closing basis. The break also allows the metal to…
Elliott Wave View: Alibaba Ending 5 Waves Move
Elliott Wave view in Alibaba (Ticker: BABA) suggests the rally from 12/24/2018 low is unfolding as an impulse Elliott Wave structure where wave ((3)) ended at $159.49. Wave ((4)) pullback…
Elliott Wave View: Gold In Consolidation Before a Break Higher
Short term Elliott Wave view in Gold suggests the rally to $1298.03 ended wave (W). The yellow metal is now correcting the cycle from August 16, 2018 low within wave…
Is S&P 500 Ready to Make All-Time High?
S&P 500 formed a significant high at 2947 on Sept 21, 2018 after a 342% rally in 10 years. During the entire rally from year 2009 low, there was no…
Elliott Wave View: FTSE Can See Another Leg Higher
Short term Elliott Wave view in FTSE suggests that the decline to 6534.59 ended wave ((A)). Wave ((B)) bounce is in progress as a zigzag Elliott Wave structure. Up from…
Elliott Wave View Suggests Oil to See More Upside
Short term Elliott Wave outlook in Oil (CL_F) is calling for the move lower to $50.38 as ending wave ((X)). Internal of wave ((X)) unfolded as an Expanded Flat Elliott…
Elliott Wave view in GBPJPY favors upside bias
Short term Elliott Wave view on GBPJPY suggests the rally to 140.43 ended wave (W). From there, pair did a pullback to 137.33 which ended wave (X). Since then, pair…
Elliott Wave View: CADJPY Starts Next Bullish Leg
Short term Elliott Wave view on CADJPY suggests that the rally to 82.4 on Jan 9, 2019 ended wave (W). Pair then corrected in wave (X) as a double three…
Elliott Wave View: FTSE should extend higher after 5 waves move
Short term Elliott Wave view on FTSE suggests that the decline to 6356.3 on Dec 27, 2018 ended wave (3). Index is now doing wave (4) correction higher. The internal…
